Energy Storage News•about 1 month ago
Ampyr Australia acquires 2,160MWh grid-forming BESS project in South Australia
- •Ampyr Australia acquired the 270MW/2160MWh 'Northern Battery' grid-forming BESS project in South Australia from Green Gold Energy, marking a significant investment in large-scale energy storage.
- •The project's 'grid-forming' capability indicates advanced technical specifications, enabling it to provide critical grid stability services and potentially access higher value market revenues.
- •This acquisition highlights the increasing market maturity and investor confidence in long-duration, utility-scale battery storage, essential for integrating higher penetrations of renewable energy.
financing